2-4 Glassey Place, Spence, ACT 2615

Medical | Offices | Retail

Sold $250,000

  • Property ID: 226252
  • Floor Area: 83m²
  • Land Area: 236m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 15/05/2013 83m2 236m2 Contact Agent
Spence Medical Centre

The subject property is prominently situated at the entrance to Spence Shops. The shopping centre comprises Spence Family Bakery, Spence Sophisticut Hairdressers, Spence Butchery, Spence Pharmacy, Super Bottler, The Spence Grocer, Espresso Bar and Spence 7-Eleven Service Station.

The subject property is a single title, freestanding, singe level building measuring approx. 73sqm (Net Lettable Area) and 83sqm (Gross Floor Area) on a block of approx 236sqm.

The building comprises a front awning covering a disabled access ramp from the public ACT Government car park. Internally the property incorporates a reception area / waiting room, 2 consultancy rooms with sinks, a staff lunch room, single toilet and 2 store rooms. The property also has security screens on all windows and a small refuse disposal area to the rear.

The gross floor area (GFA) of the building is currently 83sqm; the purpose clause permits 114sqm of GFA allowing future development to gain more floor area. The CZ4 Zoning also provides the opportunity to widen the range of permitted uses.

Key Strengths

* Situated within an established residential area
* Long established medical practice makes property well known in the marketplace
* Single title building (no body corporate fees)
* Established fitout to suit a medical user
* Plenty of staff and customer car parking
* Suitable for a range of users
* Potential to subdivide if required
* Further development rights permitted by Crown Lease GFA Clause

Additional Information
Features
  • Zoning: CZ4 Zoning
  • Car Spaces: Plenty of car parking
Spence Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $400 ---
This is the average advertised price, rent and yield for Spence, ACT 2615*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Agency Details

CBRE Canberra

Level 12, 14 Moore Street, City, ACT 2601

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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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